Bayt.com Jobs: Compliance /Sharia Compliance Manager – BMW Finance (UAE)Ltd - BMW

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Compliance /Sharia Compliance Manager – BMW Finance (UAE)Ltd - BMW
Feb 26th 2013, 07:33

Role & Responsibilities

Sharia Compliance:

• First contact person for Sharia Board in respect of legal and Islamic banking compliance issues
• Ensure compliance of processes and products with Sharia law; coordinate cooperation with the Sharia Board and Sharia related consultants

Legal Compliance:

• Monitor and report legal and compliance risks to senior management
• Identifies, manages and reviews all legal and compliance matters arising from or in connection with the business
• Coordinate relationships with regulators and act as first point of contact for regulators


Legal Coordination:

• Liaise with local legal consultant and BMW Group legal department
• Ensure financial & legal compliance with corporate law, UAE Central Bank Regulations and local statutory bodies, e.g. DIFC; liaise with BMW Group compliance.

Guidelines:

• Establish, communicate and define corporate compliance policies, standards and guidelines
• Development and implementation of quality insurance of company regulation

Other tasks:

• Act as company secretary for BMW Finance (UAE) Ltd. and coordinate directors' various board seats (monitor deadlines and reporting requirements, coordinate board meetings).
• Support the development and ensure a governance structure for all companies of BMW Financial Services in the Middle East.
• Coordination of internal Audit; liaise with BMW Group internal audit.
• Carry out other ad hoc assignments, support or activities as required by the business.
• Special projects as assigned by the manager

Job Details

Date Posted: 2013-02-26
Job Location: Dubai, United Arab Emirates
Job Role: Management
Company Industry: Automotive

Preferred Candidate

Career Level: Management
Gender: Male
Nationality: United Arab Emirates; Bahrain; Djibouti; Algeria; Egypt; Iraq; Jordan; Comoros; Kuwait; Lebanon; Libya; Morocco; Mauritania; Oman; Palestine; Qatar; Saudi Arabia; Sudan; Somalia; Syria; Tunisia; Yemen
Degree: Baccalauréat / Diplôme supérieur

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